Largo reports Q2 2026 vanadium production up 28.5% year over year

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Largo Reports Strong Q2 2026 Production and Sales Growth and Highlights Strengthened U.S. Market Position

July 23, 2026 7:59 AM EDT

All amounts expressed are in U.S. dollars, denoted by "$".

Q2 2026 Highlights

Vanadium pentoxide ("VO") production increased 28.5% year over year to 2,900 tonnes, compared with 2,256 tonnes in Q2 2025. Year-to-date VO production increased 55.2% to 5,516 tonnes, compared with 3,553 tonnes in the first half of 2025, reflecting continued operational improvements and stronger operating performance at the Maracs Menchen Mine.

VO equivalent sales increased 53.4% year over year to 2,773 tonnes, compared with 1,807 tonnes in Q2 2025, driven by stronger commercial execution and improved market access.

Total ore mined increased 46.6% to 712,198... More